Unable to close a number of large mainframe and software deals by the end of the quarter, IBM has reported a 5 percent decline in revenue to US$23.4 billion for the first quarter of 2013.
Microsoft increased revenue across all its divisions in its third fiscal quarter, achieving an almost 20 percent revenue increase year on year.
Advanced Micro Devices reported a 31 percent drop in revenue for the first quarter as it continues to battle a weak PC market and lackluster demand for its chips.
Verizon Communications reported an increase in revenue and a double-digit spike in net income for the first quarter of 2013, compared to a year earlier, driven largely by gains in mobile customers and in revenue from its Fios service.
Nokia's sales of smartphones running Windows Phone continued to grow in the first quarter, and its net loss shrank year on year, even as overall revenue declined.
Taiwan Semiconductor Manufacturing Co. (TSMC) reported that its first quarter net profit was up 18 percent year-over-year, as its revenue for the period exceeded its projections.
India's Tata Consultancy Services reported strong first quarter revenue and profit growth, despite indications that the outsourcing market is still uncertain.
Intel reported a drop in profits and revenue for the first quarter, as the biggest PC market slump in recent memory weighed on its business.
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets.
Just as tech stocks were starting to rise this week, dismal PC sales reports for the first quarter burst the very short-lived bubble, causing shares of IT companies to fall back to earth Thursday.
Taiwanese smartphone maker HTC reported a major decline in its first quarter profit, after the company was forced to push back the launch of its newest flagship phone to April.
Samsung Electronics expects a first-quarter operating profit of between 8.5 trillion won and 8.9 trillion won ($US7.6 billion to $US8 billion), a sharp increase of at least 49 per cent from a year earlier.
In a filing to the U.S. Securities and Exchange Commission on Friday, Dell highlighted the dismal financial straits that led to its plan to take the company private, a move that now has some major shareholders in an uproar.
Though IT trailed other sectors as market indices rose to milestone highs this quarter, some bright spots in earnings and market research reports this week indicate continuing confidence that things will go better for tech this year than in 2012.
Research In Motion Limited, now doing business as BlackBerry, shipped about 1 million BlackBerry Z10 smartphones during its fiscal fourth quarter.
Most Popular Reviews
- 1 Hisense Series 7 ULED 4K UHD TV review
- 2 Samsung Galaxy Note 7 review
- 3 Portable power: Venom Blackbook 13 Zero review
- 4 Alcatel Idol 4S review: King of the mid-range?
- 5 Samsung Galaxy S7 Edge Review
Join the PC World newsletter!
Latest News Articles
- Linksys EA9500 Max-Stream AC5400 MU-MIMO Gigabit router review
- Four state AGs sue to block US decision to cede key internet role
- Salesforce tries to block Microsoft's LinkedIn acquisition
- Paris motor show turns on to electric cars
- Google rebrands Apps for Work as G Suite, adds intelligent features
GGG Evaluation Team
First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
For work use, Microsoft Word and Excel programs pre-installed on the device are adequate for preparing short documents.
The Fujitsu LifeBook UH574 allowed for great mobility without being obnoxiously heavy or clunky. Its twelve hours of battery life did not disappoint.
The screen was particularly good. It is bright and visible from most angles, however heat is an issue, particularly around the Windows button on the front, and on the back where the battery housing is located.
My first impression after unboxing the Q702 is that it is a nice looking unit. Styling is somewhat minimalist but very effective. The tablet part, once detached, has a nice weight, and no buttons or switches are located in awkward or intrusive positions.
- FTDesktop/Application SupportVIC
- CCDigital Solutions ManagerNSW
- FTBackup ConsultantWA
- CCInfrastructure Project Manager - DCR ProjectNSW
- CCSolution ArchitectQLD
- CCSoftware TesterACT
- CCiOS DeveloperNSW
- FTSenior PHP DeveloperNSW
- FTAndroid DeveloperNSW
- CCSenior Project ManagerACT
- CCIT Security ArchitectACT
- FTNetwork and Security Design EngineerNSW
- FTInfrastructure Solutions ArchitectACT
- CCICT Security AuditorACT
- CCService Desk analystSA
- CCSenior Business Analyst -Change and SAP ProcurementNSW
- FTCarrier/ Industrial Network ConsultantsWA
- FTJava DeveloperNSW
- FTLinux Systems AdministratorNZ
- FTNetApp Storage ConsultantWA
- CCJava / J2ee ProgrammersACT
- CCVideo Conference Support Officer- VoIP, LAN, WAN, RemedyNSW
- CCData Analyst | Data Management Framework | Experience in RNSW
- FTOutbound TelesalesVIC
- FTTechnical Support Engineer | Cloud | Automation techsNSW